Incentives

Creating an Incentive for a Fleet

To add a new incentive for a fleet based on a project, follow these steps:

1. Fleet ID: Select the fleet from the dropdown list. This will determine the recipient of the incentive.

2. Project: Choose the project linked to the incentive. The incentive will be awarded based on the completion or achievement in that specific project.

3. Incentive Type: Select the type of incentive (e.g., Completion Bonus, Performance Incentive). These types are dynamically added from the attributes section.

4. Amount: Enter the total amount of the incentive the fleet will receive. This amount will be added to the fleet's wallet once the transaction is confirmed.

5. Date: Set the date for the incentive award. This is the date when the incentive was granted or earned.

6. Note: Add any relevant remarks about the incentive, such as the reason for the award or project-specific details.

7. File Upload: Attach any supporting documents (e.g., project completion reports, performance evaluations). Files can be uploaded in .jpg, .png, or .pdf formats, with a maximum size of 2 MB.

Once all the required details are entered, you can choose one of the following options:

• Save the incentive request to complete it, or
• Save & Create Another to submit multiple incentive requests for different fleets.

Incentive Payment Flow

After the incentive is created, the following steps take place:

1. Transaction Confirmation:

   • The incentive transaction is reviewed and needs to be confirmed.
   • The status of the transaction will initially be In Review until it is confirmed or rejected.
   • Once confirmed, the incentive will be added to the fleet’s Wallet and included in the next salary cycle.

   

2. Displaying the Incentive in Salary:

   • The confirmed incentive amount will be automatically included in the fleet's next salary. This will be visible in their salary breakdown.

3. Transaction Table:
   All incentive transactions are tracked in the Transactions section. The table will include:

   • TID: Unique transaction ID.
   • Fleet ID: The fleet associated with the incentive.
   • Wallet Category: Wallet category, basically its deposit so it will be total.
   • Wallet Type: Always incentive.
   • Type: In the case of incentive, it is a deposit to fleet.
   • Amount: The total incentive amount.
   • Date: Date and time
   • Status: The current status of the transaction (e.g., In Review, Paid, Rejected).
   • Confirmation Status: Whether the incentive has been confirmed by an admin.

   The In Review status will change to Paid once the transaction is confirmed.

   

Best Practices for Managing Incentives

• Transaction Confirmation:
  Admins should regularly monitor the Transactions section and confirm incentive transactions to ensure that only valid incentives are added to fleets' salaries.

• Regular Monitoring:
  Monitor Incentive Types and amounts to ensure that all fleets are rewarded fairly and according to the guidelines set by the company or project managers.